Fiscal Note
Fiscal Note: The project cost is funded in the Transit Utility's Operating Budget. Revenue from bus advertising will pay for the services provided. Terms of the agreement provide for payment depending on the type and size of advertising (e.g. rack ads; direct vinyl application). Total contract payment for a period of six months, if extended for such period, shall not exceed $25,000.
Title
Authorizing the Mayor and the City Clerk to extend the agreement with Jeramie Hotz regarding the installation and removal of Metro Transit Bus Advertising.
Body
WHEREAS, Metro Transit's contract with Meara and Company, Ltd. for transit bus advertising services terminated prematurely in January, 2006 as a result of the Contractor's inability to meet its contract obligations; and
WHEREAS, following termination of Meara advertising services, Metro retained Jeremie Hotz (who performed similar services for Meara) as an Independent Contractor to install and remove advertising signs for Metro Transit until such time as a determination could be made about the most suitable approach to bus advertising and ancillary services in the long term;
WHEREAS, a determination has been made to go out to bid for a multi-year advertising vendor and an RFP is being prepared for distribution, and in recognition of the fact that it would be in the best interests of Metro to extend Mr. Hotz' short term agreement to continue installing and removing advertising signs for Metro Transit until such multi-year Vendor contract (including these services) goes into effect;
WHEREAS, Mr. Hotz' current contract, which expires on August 14, 2006, provides for a single option to extend the contract for a period up to six (6) months subject to the approval of the Common Council; and Mr. Hotz is willing to continue performing said services under a contract extension for the contract unit prices ranging from $5 - $120 per advertisement depending on the type and size of advertising (e.g. ra...
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